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Jul 27, 2011
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we have a big judicial system, we have a big system, plenty of cops, they have more cops--. >>guest: that is another solution. but these are extraordinary circumstances--. >>shepard: if you conduct the people's business behind closed doors all the time, you will end up with a disaster we have in washington. >>guest: but this is far, this is the exact opposite of behind doors this is open doors and wear just preserving the safety the people who did the hardest job here. >>shepard: i feel you, it is tough, isn't it, drew? >>guest: if you suggest that, perhaps, this is like some blue ribbon jury, i think it is far different from that. this is our jury system and i grow if you are talking about the fact we need transparency, but, i think we have to balance tranceparency, but there has been irresponsible journalism from former lawyers that are only concerned about their own popularity and taking shots. >>shepard: say the name, drew! >>guest: and they know very well that you cannot compare the experience these 12 jurors had to people watching this trial in their living room. whate
we have a big judicial system, we have a big system, plenty of cops, they have more cops--. >>guest: that is another solution. but these are extraordinary circumstances--. >>shepard: if you conduct the people's business behind closed doors all the time, you will end up with a disaster we have in washington. >>guest: but this is far, this is the exact opposite of behind doors this is open doors and wear just preserving the safety the people who did the hardest job here....
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Jul 27, 2011
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it's not that big. i can get my hands down in there but i don't know, oh my head, and my soldiers, yeah. that's how he got in. >> shepard: that's fascinating. she made it out without any rescue crews. updating a couple of top stories now. lawmakers have just six days to come up with an agreement on the nation's debt crisis. one they created. the stalemate on capitol hill hitting the markets hard. the dow off 200 today. new surveillance video shows the moment the bomb exploded outside the government building in norway. one of two deadly attacks there on a day when 76 people were murdered. and on this day back in 1942, the soviet dictator joseph stalin issued his infamous order 227. any soldier retreating from the battlefield will be shot on site. stalin was never one to minutes words. when he gave an order it was on order never a suggestion. in an attempt to boost morale and prevent dissessions stalin famously declared not one step backward. and he commanded his officers to liquidate panic makers and cow
it's not that big. i can get my hands down in there but i don't know, oh my head, and my soldiers, yeah. that's how he got in. >> shepard: that's fascinating. she made it out without any rescue crews. updating a couple of top stories now. lawmakers have just six days to come up with an agreement on the nation's debt crisis. one they created. the stalemate on capitol hill hitting the markets hard. the dow off 200 today. new surveillance video shows the moment the bomb exploded outside the...
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Jul 28, 2011
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but, there are a lot of questions about who the big winners and hot big losers could be. based on how this plays out in the hours ahead. one person having a hard time getting done what he said he would do is the united states. plan crmpleted is for this to come up again around christmas. >> yeah, maybe it might be counter intuitive to say amid all this chaos optimism in washington. get a deal in the next couple of days. they are starting to talk democratic officials are in private about what might be called a plan c. the boehner bill, the reid bill, they say these two are not that far apart on in terms of spending cuts. and in terms of the fact that both of them want to set up special committees in congress to come up with another round of spending cuts down the road. over the long haul. and they say the big sticking point what are the enforcement mechanisms. how do you make sure this committee on congress comes together. not some other washington commission that does a study, puts it on a shelf somewhere where it collects dust. how does it have some teeth to it working o
but, there are a lot of questions about who the big winners and hot big losers could be. based on how this plays out in the hours ahead. one person having a hard time getting done what he said he would do is the united states. plan crmpleted is for this to come up again around christmas. >> yeah, maybe it might be counter intuitive to say amid all this chaos optimism in washington. get a deal in the next couple of days. they are starting to talk democratic officials are in private about...
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Jul 25, 2011
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. >> big difference between talking and getting stuff done. and i get stuff done. >> it's the latest chantner the rivalry of the two minnesota candidates for the republican presidential nomination, which boiled over yesterday, with pawlenty having spent almost two weeks saying bachmann has no congressional accomplishments to speak of, bachmann had enough. in a sunday statement, she fired back saying "i've fought against irresponsible spending while governor pawlenty was leading a multimillion dollar budget mess in minnesota." later the bachmann campaign added on healthcare mandates, climate change and wall street bail-outs there's very little daylight between governor pawlenty's record and the obama administration's." this back and forth comes with pawlenty still trailing bachmann in the polls. for bachmann, the verbal sparring seems to come with at least some risk. it will likely draw even more attention to the iowa straw poll, less than three weeks away, and pawlenty seems to have the advantage of a larger, deeper iowa organization. the stra
. >> big difference between talking and getting stuff done. and i get stuff done. >> it's the latest chantner the rivalry of the two minnesota candidates for the republican presidential nomination, which boiled over yesterday, with pawlenty having spent almost two weeks saying bachmann has no congressional accomplishments to speak of, bachmann had enough. in a sunday statement, she fired back saying "i've fought against irresponsible spending while governor pawlenty was leading...
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Jul 27, 2011
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part of the reason he isn't our president is because he hasn't been tough enough, and there wasn't a big distinction between him and president obama, and he's showing that once again now. martha: all right. talk to me, you know, when you look at this politically, "the wall street journal" basically said this morning if tea party encourages its members and representatives on capitol hill to hold tight and not give any ground in this, they're basically handing the presidency to barack obama again in 2012. what say you? >> what are we talking about? are we talking about who's going to be our next president, or are we talking about fixing the problems that face america? we need to quit worrying about the next elections and worry about whether we're going to survive financially. and there are plans that could do it, there are other plans that can't, but nobody is looking at the overspending, looking at directly in the eye and saying we have to stop this. we spend over $4 billion a day in borrowed money. that's enough to build two and a half space shuttles a day. martha: wow. well, that's an e
part of the reason he isn't our president is because he hasn't been tough enough, and there wasn't a big distinction between him and president obama, and he's showing that once again now. martha: all right. talk to me, you know, when you look at this politically, "the wall street journal" basically said this morning if tea party encourages its members and representatives on capitol hill to hold tight and not give any ground in this, they're basically handing the presidency to barack...
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Jul 23, 2011
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that the president moved the goal posts after the gang of six revealed a plan earlier this week and a big reason why the talks broke down. and one of those six, he joins me now. senator, the gang is famous for trying to bridge republicans and democrats and democrats didn't like the fact that you didn't offer enough spending cuts, republicans didn't like the fact that among your ideas was revenue enhancements. what they called automatic tax hikes. but still, it was a bridge. is that bridge now burned and destroyed? >> oh, no, i don't think so at all. as a matter of fact, our plan does not raise taxes. we actually cut the taxes dramatically and the revenue that we allocate is revenue from growth in the economy. which is exactly how we ought to approach it. this is the-- >> wait a minute, wait, didn't that include getting rid of credit and subsidies and the like that would effectively at least here in some states, raise taxes on those individuals to work. >> well, some are arguing that, but we reduce rates far more than we adjust the tax preferences so no matter how you look at it. we have f
that the president moved the goal posts after the gang of six revealed a plan earlier this week and a big reason why the talks broke down. and one of those six, he joins me now. senator, the gang is famous for trying to bridge republicans and democrats and democrats didn't like the fact that you didn't offer enough spending cuts, republicans didn't like the fact that among your ideas was revenue enhancements. what they called automatic tax hikes. but still, it was a bridge. is that bridge now...
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Jul 23, 2011
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. >> he said that bottom line in the big deal, that's not going to happen. are you, are you going to be willing to go back to just, say, raising the debt ceiling still? >> well, i think i've been consistently saying here in this press room and everywhere that it is very important for us to raise the debt ceiling. we don't have an option on that. so if that's the best that congress can do, then i will sign an extension of the debt ceiling that takes us through 2013. >> neil: now, that is not a 14th amendment deal, right? that's just something a president can do on his own. could you explain that to me? >> it's sort of uncharted territory how this would work exactly. the constitution says that the debt of the united states shall not be questioned and could he do this unilaterally without congress being involved? it's possible. there's an article in the new york times, suggesting he could do as such. i tell you, there will be a lot of people jumping up and down on capitol hill if he does that in questioning the constitutionality of that and even that could impa
. >> he said that bottom line in the big deal, that's not going to happen. are you, are you going to be willing to go back to just, say, raising the debt ceiling still? >> well, i think i've been consistently saying here in this press room and everywhere that it is very important for us to raise the debt ceiling. we don't have an option on that. so if that's the best that congress can do, then i will sign an extension of the debt ceiling that takes us through 2013. >> neil:...
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Jul 23, 2011
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the deficit is like tip o'neil big and fat and out of control. it was never personal and never in the sense they are doing today. >> where did this go? the president is saying that we don't have a dole by august 2nd we are defaulting. >> no, we are not defaulting. everyone knows it is raised. all of the checks will be paid and everyone will be paid . frankly the issue of the budget deficit and government spending and all of that. we have plenty of time and not that we shouldn't have done it sooner than later. the u.s. is not greece or portugal and the way of basing the tax rate increases and changes in obama care should be handled in the election. this is november 2012 issue. i would like to see a short term debt deal and let it be fought out in election time. that's where the voters make the choice . the end game is november 2012 and obama is playing it poorly and poll numbers are showing he's not getting advantage out of being mean and nasty and holding the u.s. hostage. this is not to his political advantage either. >> art, thank you. >>> and
the deficit is like tip o'neil big and fat and out of control. it was never personal and never in the sense they are doing today. >> where did this go? the president is saying that we don't have a dole by august 2nd we are defaulting. >> no, we are not defaulting. everyone knows it is raised. all of the checks will be paid and everyone will be paid . frankly the issue of the budget deficit and government spending and all of that. we have plenty of time and not that we shouldn't have...
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Jul 28, 2011
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these clothes are too big, so i'm donating them. how'd you do it? eating right, whole grain. [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios... five whole grains, 110 calories. i go to e-trade and tap into the power of revolutionary mobile apps to trade wherever. whenever. life isn't fully experienced sitting idly by. neither is investing. [ birds chirping ] bill: there was an illegal border crossing of a very different sort, nearly three dozen mexican soldiers packed into four different humvees ending up on america's side of the border near donna, texas, and now u.s. border agents saying they were sent back to mexico after they were confused about where the border was. >> i couldn't answer whether they were armed or not, but i can tell you that they were conducting their work that they do as military, and somehow they lost sight of the boundary line and entered u.s. territory. bill: so what about all this? chad swede, chief of staff for former homeland security, michael cher to ha
these clothes are too big, so i'm donating them. how'd you do it? eating right, whole grain. [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios... five whole grains, 110 calories. i go to e-trade and tap into the power of revolutionary mobile apps to trade wherever. whenever. life isn't fully experienced sitting idly by. neither is investing. [ birds chirping ] bill: there was an illegal border crossing of a very different sort,...
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Jul 24, 2011
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there is a big difference. i'll continue that and you made a comment about the economy and interest rates in terms of what is happening. understand why is it that countries such as china and japan who have $2 trillion of our debt, why is it they are happy to buy at zero interest? they are buying the country and economy and world leadership. they are not buying the treasury performance they are buying our country's performance. >> gregg: legendary investor stanley drukenmiller he says it's not going to be catastrophic. he says the bigger danger than a technical default is raising the debt ceiling without any conditions to control spending. he is right? >> he is right. i'll take it further. what is wall street wants? wall street doesn't want answers they want clarity. show a flame work. i think we'll be fine. >> gregg: thank you on. >> heather: new details of two deaths of a pharmaceutical executive. you may remember the girlfriend found dead hanging from a balcony in the mansion. six-year-old son apparently died
there is a big difference. i'll continue that and you made a comment about the economy and interest rates in terms of what is happening. understand why is it that countries such as china and japan who have $2 trillion of our debt, why is it they are happy to buy at zero interest? they are buying the country and economy and world leadership. they are not buying the treasury performance they are buying our country's performance. >> gregg: legendary investor stanley drukenmiller he says it's...
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Jul 26, 2011
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we need to do big things and needed to have done big things. the fact the president won't agree with bigger things, maybe some blame is on us as republicans for not being flexible enough. but the fact is that the country needs to do these things. since we're not going to get a big thing done, the thing to do is do a small thing and try to get the country behind doing the big thing. >> the gang of six. do you have any agreement that was something that republicans could live with and do you think democrat woz have lived witness as well? >> i think some. my distaste is that it's better than nothing. it's far better than anything we've got there now. it's -- it in fact recognizes the we have to reform the tax code. there are some revenue increases in it. but the biggest problem why we're having trouble is because we zront a big friendly climate in this country that would stimulate all new jobs, last owe years have come from new business. new businesses have created and we're stifling that in terms of what we've done to credit market and regulations
we need to do big things and needed to have done big things. the fact the president won't agree with bigger things, maybe some blame is on us as republicans for not being flexible enough. but the fact is that the country needs to do these things. since we're not going to get a big thing done, the thing to do is do a small thing and try to get the country behind doing the big thing. >> the gang of six. do you have any agreement that was something that republicans could live with and do you...
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Jul 29, 2011
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>> big brother is watching you. we'll tell you why you may want to think twice about what you and your kids are posting on facebook. you won't believe it. it's coming next on "the five." stay with us. i ate breakfast and got heartburn, third day this week. so i took my heartburn pill and some antacids. we're having mexican tonight, so another pill then? unless we eat later, then pill later? if i get a snack now, pill now? skip the snack, pill later... late dinner, pl w? aghh i've got heartburn in my head. [ male announcer ] stop the madness of treating frequent heartburn. it's simple with prilosec otc. one ll a day. twenty-four hos. zero heartburn. no heartburn in the first place. great. but afraid you can't afford it? well, look how much insurance many people can get through selectquote for less than a dollar a day. selectquote found, rich, 37, a $500,000 policy for under $18 a month. even though dave, 43, takes meds to control his blood pressure, selectquote got him a $500,000 policy for under $28 a month. ellen,
>> big brother is watching you. we'll tell you why you may want to think twice about what you and your kids are posting on facebook. you won't believe it. it's coming next on "the five." stay with us. i ate breakfast and got heartburn, third day this week. so i took my heartburn pill and some antacids. we're having mexican tonight, so another pill then? unless we eat later, then pill later? if i get a snack now, pill now? skip the snack, pill later... late dinner, pl w? aghh...
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Jul 26, 2011
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we need to do big things and needed to have done big things. the fact the president won't agree with bigger things, maybe some blame is on us as republicans for not being flexible enough. but the fact is that the country needs to do these things. since we're not going to get a big thing done, the thing to do is do a small thing and try to get the country behind doing the big thing. >> the gang of six. do you have any agreement that was something that republicans could live with and do you think democrat woz have lived witness as well? >> i think some. my distaste is that it's better than nothing. it's far better than anything we've got there now. it's -- it in fact recognizes the we have to reform the tax code. there are some revenue increases in it. but the biggest problem why we're having trouble is because we zront a big friendly climate in this country that would stimulate all new jobs, last owe years have come from new business. new businesses have created and we're stifling that in terms of what we've done to credit market and regulations
we need to do big things and needed to have done big things. the fact the president won't agree with bigger things, maybe some blame is on us as republicans for not being flexible enough. but the fact is that the country needs to do these things. since we're not going to get a big thing done, the thing to do is do a small thing and try to get the country behind doing the big thing. >> the gang of six. do you have any agreement that was something that republicans could live with and do you...
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Jul 30, 2011
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we have people bidding for the big interview for example. and the only sicking point is he wanted her to take a lie detector test after the interview on camera. she didn't seem to like that idea very much. i wonder why? and then we have the everready and everreliable larry flint. king of porn and asked her to do a spread for hustler . he already told her he she could make many millions. have you ever said anything like this? >> ebay was a mask of caylee anthony went for. >>> and her car is up for grabs. anything this woman does is going to be news. but there is one other thing to consider. that is the negative public relations and the back lash that could ensue and i am sure that is studied by the network and closely by probably anybody who doesn't have a blog on the internet where they say anything and get away with it. they will be look hard at one of the things that we really know is that the country want to watch her lie. that is the interest in the interview. it is very amazing. as i said only in america. great to see you and thank you
we have people bidding for the big interview for example. and the only sicking point is he wanted her to take a lie detector test after the interview on camera. she didn't seem to like that idea very much. i wonder why? and then we have the everready and everreliable larry flint. king of porn and asked her to do a spread for hustler . he already told her he she could make many millions. have you ever said anything like this? >> ebay was a mask of caylee anthony went for. >>> and...
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Jul 25, 2011
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big companies are announcing big lay-offs. big blackberry maker, there have been others. are you worried about a double dip and how that complicates things? >> yeah, yeah. it sure does. if we go a double dip, if you asked me that question three weeks ago, a month ago, i would have said no w he -- we are not going to have a double dip. now speed bump that obama call it, looks to be a ditch those numbers, companies like cisco, blackberry, laying off workers. that's a really bad sign. it suggests we may be headed to a double dip. here's the problem if we do hit a double dip on this economy, it doesn't matter what they do on the debt deal. the deficit is going way up again. we could hit a two trillion dollar deficit if we hit a double dip recession because we won't get the revenues that you need people are -- you need when people are working. >> neil: very good to see you again. steve moore, in pennsylvania. >> we default it is armageddon. the presidential candidate who says if we don't default it is real armageddon. thanks to the venture card from capital one, we get double
big companies are announcing big lay-offs. big blackberry maker, there have been others. are you worried about a double dip and how that complicates things? >> yeah, yeah. it sure does. if we go a double dip, if you asked me that question three weeks ago, a month ago, i would have said no w he -- we are not going to have a double dip. now speed bump that obama call it, looks to be a ditch those numbers, companies like cisco, blackberry, laying off workers. that's a really bad sign. it...
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double them by 2025. >> it's a big deal. >> laura: it's a big deal. it seems a bit odd given the severity of what's happening to our economy. .4% growth. a downgrade for the first quarter of this year. these numbers are abysmal. the economy has stopped growing, period it's over. >> no doubt about it the bottom line is they believe in the long term it's going to save a lot of oil and cut off our dependents of foreign oil big picture. short-term, you have to wonder, in order to get these vehicles much more efficient that rapidly the big three in detroit already stressed are going to have more economic stress. and so that is an issue. i think the other thing to watch moving forward while senator mcconnell was beating up on the white house today. the white house is looking ahead how they can get a deal this weekend. when you are talking about players with bret, others to watch are some of the younger members who don't have a lot of experience but have key votes in the senate floor. someone like scott brown of mass has who today said he could support the r
double them by 2025. >> it's a big deal. >> laura: it's a big deal. it seems a bit odd given the severity of what's happening to our economy. .4% growth. a downgrade for the first quarter of this year. these numbers are abysmal. the economy has stopped growing, period it's over. >> no doubt about it the bottom line is they believe in the long term it's going to save a lot of oil and cut off our dependents of foreign oil big picture. short-term, you have to wonder, in order to...
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Jul 22, 2011
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well, the big news coming in just the last half hour. in the last half hour, the police confirmation that it was, in fact, a bomb. it wasn't a gas explosion, it wasn't just an accident. also the thing you mentioned that there may be some people trapped here, obviously, that did not look like the case with those initial images we saw, it looked like they'd done pretty much the cleanup. that really is the latest. at least one person dead, there could be more. there are certainly several injured, and you can see from the amount of destruction how much glass came out of those windows. the prime minister's building is supposedly 17 stories high, and you can see how much of that was damaged, certainly people on the street and perhaps even in the buildings were injured. now, why did all this happen? a lot of different theories. just last week a norwegian prosecutor filed terror charges against an iraqi cleric who had threatened norwegians with death if they deported him. also norway had a similar incident to what denmark had with the cartoons t
well, the big news coming in just the last half hour. in the last half hour, the police confirmation that it was, in fact, a bomb. it wasn't a gas explosion, it wasn't just an accident. also the thing you mentioned that there may be some people trapped here, obviously, that did not look like the case with those initial images we saw, it looked like they'd done pretty much the cleanup. that really is the latest. at least one person dead, there could be more. there are certainly several injured,...
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Jul 22, 2011
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you said your bottom line has been a big deal. that is not going to happen. are you going to be willing to go back to just raising the debt ceiling? >> i think i have been consistently saying in the press room and everywhere that it is important for to us raise the debt ceiling. we don't have an option on that. so if that is the best that congress can do, i will sign an extension of the debt creeling to take it through -- debt creeling to take it through 2013. i don't think it's enough. we should do more. the bare minimum, the floor of what the american people expect us to do. so i would like to see us do more. when i meet with the leadership tomorrow i'm going to say let's do more. if they tell me that is the best they can do, then i will sign an extension that goes to 2013 and make the case to the american people we have to continue going out there and solving this problem. it's the right thing to do. it's time to do it. we can't keep putting it off. >> you suggested that speaker boehner didn't return phone calls this afternoon. can you elaborate on that? >
you said your bottom line has been a big deal. that is not going to happen. are you going to be willing to go back to just raising the debt ceiling? >> i think i have been consistently saying in the press room and everywhere that it is important for to us raise the debt ceiling. we don't have an option on that. so if that is the best that congress can do, i will sign an extension of the debt creeling to take it through -- debt creeling to take it through 2013. i don't think it's enough....
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Jul 26, 2011
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the president started his address pushing for a big deal, a big plan. he blamed a significant number of republicans in congress for insisting on a cuts-only approach to the debt ceiling increase. the president talked again as he has about about millionaires and billionaires not paying their fair share he quoted president reagan. president obama says short term debt ceiling extension would lead to another standoff in six months. saying that is no way to run the u.s. government. he called on leaders from both parties to negotiate and called on the american people to call their lawmakers to tell them to make a deal to come to a compromise. to avoid default in what he called a financial problem for the united states, a big problem. while we wait for the republican response from house speaker john boehner, let's go to chief white house correspondent ed henry. >> reporter: the contrast was striking. the president flat out saying the other guys are part of a three-ring circus i'm about common ground, balance, compromise. that's because as we noted before he is
the president started his address pushing for a big deal, a big plan. he blamed a significant number of republicans in congress for insisting on a cuts-only approach to the debt ceiling increase. the president talked again as he has about about millionaires and billionaires not paying their fair share he quoted president reagan. president obama says short term debt ceiling extension would lead to another standoff in six months. saying that is no way to run the u.s. government. he called on...
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big in many ways is just as harded as doing something small. we've said we could fall short of that goal. it may not be achievable. we could in the aftermath fight for something significant and tax and entitlement reform. and we would set something out as long as it ensures that the cloud hanging over the economy is removed and that we lift the debt selling for a substantial period of time to make sure, the uncertainty that that creates doesn't continue to stay with us and that it still achiefs significant deficit reduction. that's not an ideal outcome, but this president made it clear he's not holding out for perfections, and he understands that no party to these negotiations will get everything he or she wants. >> bret: you say the president still thinks it's possible. why then did four months ago, did you say this. >> we believe we should move quickly to raise the debt limit and-- >> a clean bill is without tax revenues or anything, it's not big at all. >> bret, you know, that certainly the link between raising a debt ceiling and a deficit r
big in many ways is just as harded as doing something small. we've said we could fall short of that goal. it may not be achievable. we could in the aftermath fight for something significant and tax and entitlement reform. and we would set something out as long as it ensures that the cloud hanging over the economy is removed and that we lift the debt selling for a substantial period of time to make sure, the uncertainty that that creates doesn't continue to stay with us and that it still achiefs...
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Jul 22, 2011
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the big deal has collapsed. what else is there to do. >> i will be working with the bipartisan congressional leaders on a path forward. i'm confident the congress can act next week and not jeopardize the full faith and credit of the united states' government. >> chris: well, that was short but sweet. speaker boehner talking to reporters, responding to the president. several key points that he made. he said at very pointedly at the beginning that he has confidence in the bipartisan leadership of conference. he made no mention in that regard about the president when he was asked whether he still trusts the president. he said "i trusted the president." and, specifically, and this is where the real disagreement is, and the president and the speaker of the house are sharply divided on this and we'll see because the president promised he was going to provide documentary evidence. the speaker says that they had an agreement on $800 billion in added revenue and that yesterday the president asked for $400 billion more. a
the big deal has collapsed. what else is there to do. >> i will be working with the bipartisan congressional leaders on a path forward. i'm confident the congress can act next week and not jeopardize the full faith and credit of the united states' government. >> chris: well, that was short but sweet. speaker boehner talking to reporters, responding to the president. several key points that he made. he said at very pointedly at the beginning that he has confidence in the bipartisan...
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these parties are big tents. speaker boehner has a land that a lot of tea party people aren't wild about. tell me, if you were in the senate and speaker boehner's bill came to the senate, would you vote yes or no on it? >> i would not i've said from the beginning what we need to do is be focused. we have to focus on what we want to accomplish. the principles we want to accomplish is to balance the budget and limit the size and scale of government. there's only one continuing that does that as rand paul just said, the american public supports a balanced budget amendment. we can say mr. president, i'm happy to negotiate on cuts right now. i'm happy to do less cuts right now if that -- if you feel that's the worst thing for the economy, fine. let's agree to balance the budget as rand said, seven to eight years is what it would take into effect. that give us a timeline to get there. it gives the market the certainty that the budget will be balanced. that we will get our fiscal house in order. we will have limited gov
these parties are big tents. speaker boehner has a land that a lot of tea party people aren't wild about. tell me, if you were in the senate and speaker boehner's bill came to the senate, would you vote yes or no on it? >> i would not i've said from the beginning what we need to do is be focused. we have to focus on what we want to accomplish. the principles we want to accomplish is to balance the budget and limit the size and scale of government. there's only one continuing that does...
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the president started his address pushing for a big deal, a big plan. he blamed a significant number of republicans in congress for insisting on a cuts-only approach to the debt ceiling increase. the president talked again as he has about about millionaires and billionaires not paying their fair share he quoted president reagan. president obama says short term debt ceiling extension would lead to another standoff in six months. saying that is no way to run the u.s. government. he called on leaders from both parties to negotiate and called on the american people to call their lawmakers to tell them to make a deal to come to a compromise. to avoid default in what he called a financial problem for the united states, a big problem. while we wait for the republican response from house speaker john boehner, let's go to chief white house correspondent ed henry. >> reporter: the contrast was striking. the president flat out saying the other guys are part of a three-ring circus i'm about common ground, balance, compromise. that's because as we noted before he is
the president started his address pushing for a big deal, a big plan. he blamed a significant number of republicans in congress for insisting on a cuts-only approach to the debt ceiling increase. the president talked again as he has about about millionaires and billionaires not paying their fair share he quoted president reagan. president obama says short term debt ceiling extension would lead to another standoff in six months. saying that is no way to run the u.s. government. he called on...
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remember what i said. $3.7 trillion, the cuts they're talking about, the big debate, the big onerous back and forth, i hate you, i hate you more, relative chump change in the scheme of things. we're arguing over this, no wonder we're in the pickle we are, and no wonder we feel obligated to stay here throughout the weekend
remember what i said. $3.7 trillion, the cuts they're talking about, the big debate, the big onerous back and forth, i hate you, i hate you more, relative chump change in the scheme of things. we're arguing over this, no wonder we're in the pickle we are, and no wonder we feel obligated to stay here throughout the weekend
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they said, here's the big news. white voters are going toward republicans and minorities are going toward democrats. let me explain something to you. about this time out from the presidential election this starts to firm up. republicans always win white voters and democrats always win by much bigger margins minority voters. >> i don't think john mccain would agree with you on that. >> well, first of all, i don't agree with this poll -- i think he won bigger than two points, but he did win among whites. i think it was four points. but let's remember that obama took 60% of the hispanic vote and he took 98% of the black vote. the one guy that -- i'll give bush credit for this. the one guy who understood hispanic voters was george bush. they should are listened to him, because when they got in tancredo, the idiot that keeps running about building 14-foot walls on the border, drove hispanics away. >> i made a mistake earlier when i said the web beat mccain, not bush. this is a hard poll to believe in, because there are w
they said, here's the big news. white voters are going toward republicans and minorities are going toward democrats. let me explain something to you. about this time out from the presidential election this starts to firm up. republicans always win white voters and democrats always win by much bigger margins minority voters. >> i don't think john mccain would agree with you on that. >> well, first of all, i don't agree with this poll -- i think he won bigger than two points, but he...
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taking a big step st in the right direction. it is pretty clear to me that they are just not willing tong do it. that the next election mattershe more than doing what is right t for the country.or i am not worried about them n w next election. i told the president monthsld pe ago, forget the next election. if we do the right thing forif h the country, we won't have to ho worry about who is going tooing get elected and who isn't. >> speaker boehner, want to thank you, as always, forlways r coming in and we will see how the world turns this week, sir. >> we sure will.eure >>> coming up, our sunday panel and how the debate overebt the debt ceiling is playing plag out. and what will happen next. my cream is what makes stouffer's fettuccini alfredo so delicious. i think you'll find it's the vegetables. deliciously rich. flavorful! [ female announcer ] together at last. introducing new stouffer's farmers' harvest with sides of lightly sauteed farm-picked vegetables. find more ways to get to the table at letsfixdinner.com. vietnam, 196
taking a big step st in the right direction. it is pretty clear to me that they are just not willing tong do it. that the next election mattershe more than doing what is right t for the country.or i am not worried about them n w next election. i told the president monthsld pe ago, forget the next election. if we do the right thing forif h the country, we won't have to ho worry about who is going tooing get elected and who isn't. >> speaker boehner, want to thank you, as always, forlways r...
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>>neil: you are a big wall streeter and big investor and i love guys like you but the fact is i would not bet our financial future on guys like you. what i am saying is not to be critical but if we put all our eggs in the wall street day-by-day gyrations and respond to a big temper tantrum thinking if we give them this, it will calm down, it depends what you give them and whether what you give them is long term in the interests of our country. many will argue maybe not. >>guest: you are 1,000 percent broughts in bigger spoiled broughts than market. >>neil: well, you have not met my children. >>guest: and the traders do not care. they know. they understand the real armageddon but that is good enough for wall street. you saw the rebound after we thought greece was rebounded. a heck of a rebound, one week. >>neil: and we realized it was crappy. >>guest: you are right. to try to appease wall street is a huge mistake. the federal deserve does it all the time and the government does et all the time but they play games. washington and wall street. they use each other. >>neil: you are saying
>>neil: you are a big wall streeter and big investor and i love guys like you but the fact is i would not bet our financial future on guys like you. what i am saying is not to be critical but if we put all our eggs in the wall street day-by-day gyrations and respond to a big temper tantrum thinking if we give them this, it will calm down, it depends what you give them and whether what you give them is long term in the interests of our country. many will argue maybe not. >>guest: you...
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the great one on this great moment, he and the big guy are in agreement. >>neil: former beck beck says he should do it and the president talked to the lawyers about possibly invoking the 14th amendment to hike the debt limit but the tones -- attorneys are not convinces. and what does mark levin think about that? and he joins on the phone. so, on this you agree with the president? >>guest: the president agrees with me. which president are we talking about? >>neil: the present president. >>guest: the impeached president doesn't get it is which is why he got impeached but it authorizes congress to borrow money, the 14th amendment requires payment of debt already authorized. so you cannot use the 14th amendment to back door behind the article one and i am sure obama was forum shopping which is what he likes to do and they said that is impeachable offense and you would us such -- you would usurp the legislative authority. >>neil: he might have known he could not win but what president clinton was saying was fight it out if the courts. >>guest: president clinton
the great one on this great moment, he and the big guy are in agreement. >>neil: former beck beck says he should do it and the president talked to the lawyers about possibly invoking the 14th amendment to hike the debt limit but the tones -- attorneys are not convinces. and what does mark levin think about that? and he joins on the phone. so, on this you agree with the president? >>guest: the president agrees with me. which president are we talking about? >>neil: the present...
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these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down. >> yes. correct. >> greta: that is when people goring to be unhappy. >> here is what reid and mcconnell would do. find a way to adjust the bill so you can get votes to get over 60 votes, and send it back to the house, now with democrats having voted for it, you can get democratic votes in the house. and boehner still needs to get a majority of the conference but there is more flexibility there. >> so he's going to lose more there because you can pick up democrats because of the changed bill? >> yes. there are a lot of republicans and i
these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down....
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they are talking to the big problem. take a listen to this. >> so many people talk about doing this. with $2 trillion of deficit reduction. this is not a solution. that is not going to fool our creditors. >> everyone else is talking about $2 trillion. it doesn't pay the interest in next ten years. >> tom coburn coming up with his own plan, entitled back in black. here is some of it re deuce the size of government 20 to 25%. balance the budget in ten years. $3 trillion from entite #alment reformat, $1 trillion from the tax code reform, $1 trillion in saved interest costs. adding up to $9 trillion total and says it's specific the plan. conrad late today responding this is a bit too much. what about this? >> the interesting thing is the perspective from the debate, this won't pass congress is it puts revenue on the table. not many republicans are willing to do that. democrats will go back to that and say even tom coburn is willing to do it. >> bret: the tax code is restretchtureed and close it down. the republicans haven't
they are talking to the big problem. take a listen to this. >> so many people talk about doing this. with $2 trillion of deficit reduction. this is not a solution. that is not going to fool our creditors. >> everyone else is talking about $2 trillion. it doesn't pay the interest in next ten years. >> tom coburn coming up with his own plan, entitled back in black. here is some of it re deuce the size of government 20 to 25%. balance the budget in ten years. $3 trillion from...
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i didn't become speaker of the house because i wanted a big fancy job. i wanted to be speaker so i could do what it takes to -- we have a spending problem. i'm going to do everything can i to tackle this problem as big a way as can i because it's the right thing for the country. >> chris: even if it causes heart burn for the g.o.p. caucus. >> it's the right thing for our country. >> chris: you now say that you and the president are from different planets. you have two entirely different views of the world. what made you ever think -- what makes you seem to think even now that you can make a deal with this president with this views on trillions of dollars in spending, entitlement lings and taxes? >> chris, ways born with the glass half full. i am the opt mist. it's about trying to find common ground. yes, i understand the president feels that we need a bigger government and more spending here in washington. i believe allowing the american people to keep more of that money is the best way to create jobs and grow our economy. it's almost like we come from t
i didn't become speaker of the house because i wanted a big fancy job. i wanted to be speaker so i could do what it takes to -- we have a spending problem. i'm going to do everything can i to tackle this problem as big a way as can i because it's the right thing for the country. >> chris: even if it causes heart burn for the g.o.p. caucus. >> it's the right thing for our country. >> chris: you now say that you and the president are from different planets. you have two entirely...
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these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down. >> yes. correct. >> greta: that is when people goring to be unhappy. >> here is what reid and mcconnell would do. find a way to adjust the bill so you can get votes to get over 60 votes, and send it back to the house, now with democrats having voted for it, you can get democratic votes in the house. and boehner still needs to get a majority of the conference but there is more flexibility there. >> so he's going to lose more there because you can pick up democrats because of the changed bill? >> yes. there are a lot of republicans and i
these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down....
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these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down. >> yes. correct. >> greta: that is when people goring to be unhappy. >> here is what reid and mcconnell would do. find a way to adjust the bill so you can get votes to get over 60 votes, and send it back to the house, now with democrats having voted for it, you can get democratic votes in the house. and boehner still needs to get a majority of the conference but there is more flexibility there. >> so he's going to lose more there because you can pick up democrats because of the changed bill? >> yes. there are a lot of republicans and i
these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down....
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that's a big sticking point. there are things called triggers which would -- you know, if people walked away from these committees, they're supposed to find more savings, without getting too into those details, there are sticking points, but there are ongoing discussions about getting to something before tuesday. those are involved -- some of the members of the gang of six are involved in those discussions. scenario durbin of illinois, senator chambliss, others are involved, and so are the senate minority leader and majority leader. i don't think we'll see -- if we see this projection in the senate tonight -- rejection in the senate tonight, i don't think we'll see anymore tonight. hopefully over the weekend they cobble something together. >> this is one of the arguments that john boehner is making right now. this is why this needs to pass. if this doesn't pass we're not in the conversation anymore. we are silent. if this passes, then you can imagine some kind of a compromise along the lines of what a.b. is talki
that's a big sticking point. there are things called triggers which would -- you know, if people walked away from these committees, they're supposed to find more savings, without getting too into those details, there are sticking points, but there are ongoing discussions about getting to something before tuesday. those are involved -- some of the members of the gang of six are involved in those discussions. scenario durbin of illinois, senator chambliss, others are involved, and so are the...
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, big entitlements, big taxes. it has led to economic catastrophe. it's led to huge amounts of burden on the american people. >> bill: what economic catastrophe. >> ever since the beginning of the great society as you pointed out trillions of dollars that began the big uptick in deficit spending. some presidents have spent more than others, okay? >> bill: right. >> every time we have run the far left progressive experiment of dog out money whether it's entitlement programs, bill, whether it's going into the inner city and pumping god knows how many hundreds of billions into education, every time we have run those experiments, the exact opposite effect has happened. not only have the poor not been elevated out of poverty, but you have also perpetuated this cult of dependency and victim hood. >> bill: that's pretty true. what you are say something true. >> in the mackenzie survey you are talking about rich is getting richer and poorer getting poorer. that's the failure of trickle down economics. have you seen time an
, big entitlements, big taxes. it has led to economic catastrophe. it's led to huge amounts of burden on the american people. >> bill: what economic catastrophe. >> ever since the beginning of the great society as you pointed out trillions of dollars that began the big uptick in deficit spending. some presidents have spent more than others, okay? >> bill: right. >> every time we have run the far left progressive experiment of dog out money whether it's entitlement...
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big question now. what changes, mike, did the speaker have to make to get the votes that he needed on this? >> harris, bottom line he put in a balanced budget amendment proposal that was the key for some conservative republicans who weren't quite comfortable with the speaker's plan. got him to the 218 votes necessary. but before the votes were cast, here is some of the speaker's passionate plea to his fellow republicans. >> this house has acted. it is time for the administration and time for our colleagues across the aisle put something on the table. tell us where you are. [cheers] >> and indeed that has been a rallying cry of republicans here on capitol hill. where is your plan, mr. president? where is your plan, senate democratic leadership? as for the senate democratic leadership what they don't like about it is the balanced budget amendment among other things but that is a key sticking point. take a listen. >> now the speaker has brought in the requirement to extend the debt ceiling we have to amen
big question now. what changes, mike, did the speaker have to make to get the votes that he needed on this? >> harris, bottom line he put in a balanced budget amendment proposal that was the key for some conservative republicans who weren't quite comfortable with the speaker's plan. got him to the 218 votes necessary. but before the votes were cast, here is some of the speaker's passionate plea to his fellow republicans. >> this house has acted. it is time for the administration and...
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these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down. >> yes. correct. >> greta: that is when people goring to be unhappy. >> here is what reid and mcconnell would do. find a way to adjust the bill so you can get votes to get over 60 votes, and send it back to the house, now with democrats having voted for it, you can get democratic votes in the house. and boehner still needs to get a majority of the conference but there is more flexibility there. >> so he's going to lose more there because you can pick up democrats because of the changed bill? >> yes. there are a lot of republicans and i
these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down....
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>>guest: that is the big picture risk down the road. i for think, though, there is not that many other places to go for the amount of money that a china or someone like that has to park somewhere. but longer term it does create pressure on interest rates potentially. >>shepard: how quickly could people notice something if the politician whose created this screw it up further? >>guest: the stock could get spooked and that would be the most immediate response and affect on people's psychology. i don't actually think that interest rates will surge immediately upon this because there are other mechanical factors keeping the treasuries moving along but it would not take too long beyond the august 2nd deadline. by the way, in 17 government shut downs, since 1970's, an average of three days so we have done this before. it is not exactly virgin territory. >>shepard: the part that we will not pay our debt. >>guest: no one is saying default. they are saying we will not be able to borrow were more. >>shepard: and brand new information from our chi
>>guest: that is the big picture risk down the road. i for think, though, there is not that many other places to go for the amount of money that a china or someone like that has to park somewhere. but longer term it does create pressure on interest rates potentially. >>shepard: how quickly could people notice something if the politician whose created this screw it up further? >>guest: the stock could get spooked and that would be the most immediate response and affect on...
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and so i mean -- so we got another problem right on the heels of that or another big fight. and the president's budget that he did propose went down 97-0 in the senate, even his own team voted against it. >> right. >> so that didn't work. weedon have a budget now. the republicans say that he hasn't submitted a plan for raising the debt ceiling and now we have got this problem coming up at the end of september. what he is doing on this management of the economy or on the treasury? >> well, first let me explain what is going to happen on tuesday if there is no debt limit increase. the treasury will get $200 billion of revenue during the month of august and we will have to spend $300 billion. and because it won't be able to borrow the extra hundred, about $00 billion of government spending will have to be canceled and that will result in closure of many of the agencies of government. but there will still be $200 billion left that is there and social security costs about 60. defense about 60. debt service on the money we owe about 25. so you can spend all of that and still have
and so i mean -- so we got another problem right on the heels of that or another big fight. and the president's budget that he did propose went down 97-0 in the senate, even his own team voted against it. >> right. >> so that didn't work. weedon have a budget now. the republicans say that he hasn't submitted a plan for raising the debt ceiling and now we have got this problem coming up at the end of september. what he is doing on this management of the economy or on the treasury?...
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the big question is, when could they get started. do you have a way of knowing yet? >> well, they are saying that over the next couple of days that the owners and the players, everyone involved is going to be some sort of orientation. everyone has to get used to the new rules. people who are already signed with teams, potentially could go to facilities over the weekend. however, free agency period. you are going to have some teams under the new salary cap rule, spending cap rules are going to have to drop some players, others acquiring players. we're told that the training camp also probably open over the course of the next week, shep. >> shepard: thank you, sir. jonathan serrie live in georgia. get them as the news conference begins. a new challenge to what's widely considered america's toughest immigration crackdown. keep a new law alabama take effect. the same groups are now trying to overturn that law. the attorney general for alabama is asking a judge to reject their original lawsuit. he claims it's vague and gistles no legal reason to throw out the law. both su
the big question is, when could they get started. do you have a way of knowing yet? >> well, they are saying that over the next couple of days that the owners and the players, everyone involved is going to be some sort of orientation. everyone has to get used to the new rules. people who are already signed with teams, potentially could go to facilities over the weekend. however, free agency period. you are going to have some teams under the new salary cap rule, spending cap rules are...
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workingf late this is a big story. david, i know a lot has been coming out since the president and john boehner spoke earlier w headed. what are you hearing? >> both sides, both the speaker's office and the white house were dueling in terms of the numbers and the framework and who was backing off this and pushing for that. although it may sound counterintuitive, the fact that the speaker wants to take this to the congress' level, negotiate with reid and other congressional leaders on both sides of the aisle might help this. they can figure out together where the votes are try and get something through each house and get it to the president. at this poin^ anything the president gets he will sign. i originally thought it was best to have the president in the room, because he could give the democrats cover and direct them as to where he wanted them to go. for whatever reason it doesn't appear to have worked. you might as well do the it now and not have a middleman who going to vote for what. >> that's really interesting.
workingf late this is a big story. david, i know a lot has been coming out since the president and john boehner spoke earlier w headed. what are you hearing? >> both sides, both the speaker's office and the white house were dueling in terms of the numbers and the framework and who was backing off this and pushing for that. although it may sound counterintuitive, the fact that the speaker wants to take this to the congress' level, negotiate with reid and other congressional leaders on...
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that was a big -- that was a big moment for him. i think right now we're at a point much like we were with -- before the government -- almost government shutdown a few months ago, where you have boehner and harry reid, who is a deal-maker, don't forget, and reid actually, despite that shot across the bow today by the 53 senators, harry reid is a deal-maker. he doesn't have taxes in that plan that he has. they both -- both those figures emerged pre-- you know, during the budget battle that led to the -- that forestalled the government shutdown. they emerged as the major figures there. i think that's what we'll see. we'll see those two emerge, a deal eventually go to the white house. if this white house really thinks this is a catastrophe waiting to happen, it's going to have to deal with it. >> bret: charles, they may say in this letter that this deal won't pass the senate, but you have a number of democrats who are up for re-election from red-leaning states, who would have to vote on the boehner plan, that by numbers is not that dif
that was a big -- that was a big moment for him. i think right now we're at a point much like we were with -- before the government -- almost government shutdown a few months ago, where you have boehner and harry reid, who is a deal-maker, don't forget, and reid actually, despite that shot across the bow today by the 53 senators, harry reid is a deal-maker. he doesn't have taxes in that plan that he has. they both -- both those figures emerged pre-- you know, during the budget battle that led...
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something, there is a big, big mistake that they made. >> unfortunately in this case, it took a long amount of time to establish information that exxon rated mr. ramirez. >> 29 year old louie sanchez and marvin norwood are behind bars. they are not disclosing the evidence. a third person arrested, a woman suspected of driving the get away car bonded out of the jail yesterday, harris. >> all of this is going othe and the other part is bryan stow. how is he doing? >> he's doing better. he underwent surgery to remove fluid build up on the brain. but his family said he's making improvements and reportedly opened his eyes and mouthed his name. he was repeatedly kicked in the head in the attack and doctors fear he will suffer permanent brain damage as a result and getting better and making progress. >> thank you, casey. >> it is norway's deadliest attack since world war ii. gripping violence coming at the hands of a norwedgian . also urgeency in washington d.c.. congressional leaders from both sides of the political aisle meeting just a short time ago. what came out of the latest round of
something, there is a big, big mistake that they made. >> unfortunately in this case, it took a long amount of time to establish information that exxon rated mr. ramirez. >> 29 year old louie sanchez and marvin norwood are behind bars. they are not disclosing the evidence. a third person arrested, a woman suspected of driving the get away car bonded out of the jail yesterday, harris. >> all of this is going othe and the other part is bryan stow. how is he doing? >> he's...